As of June 19, 2025, Red Light Holland Corp (TRIP.CN) reports a Gross Margin of 42.52%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of Red Light Holland Corp's Gross Margin
Over recent years, Red Light Holland Corp's Gross Margin has shown significant volatility. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-03-31 | 42.52% |
| 2023-03-31 | 43.22% |
| 2022-03-31 | 26.56% |
| 2021-03-31 | 17.44% |
This slight upward trend highlights how Red Light Holland Corp manages its operational efficiency and pricing power over time.
Comparing Red Light Holland Corp's Gross Margin to Peers
To better understand Red Light Holland Corp's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| Red Light Holland Corp (TRIP.CN) | 42.52% |
| Sona Nanotech Inc (SONA.CN) | 7775.20% |
| Fyolo Technology Corp (AHII) | 100.00% |
| ParkerVision Inc (PRKR) | 99.09% |
| Sirona Biochem Corp (SBM.V) | 92.56% |
| Chee Corp (ECRP) | 89.99% |
Compared to its competitors, Red Light Holland Corp's Gross Margin is about average compared to peers, indicating industry-standard operational efficiency.